Find out if Frequent Finance is suitable for you in 2026.
- Homestead Equity is a direct lender
- No advisor or broker fees
- No lender fees
- Not available via brokers or shopping comparison websites
- 5.61% fixed for life
- 65% loan-to-value
- Make voluntary payments
- Easy application
- Free home valuation
- The whole open market value applies to flats and other leasehold properties
Please complete the form below to find out more:
Remortgage with poor credit with a low mortgage payment
Is it possible for me to refinance if I have a bad credit history?
The truthful answer is: with many lenders (especially those on the high street), no. However, Frequent Finance has long-standing relationships with lenders who understand that many people with impaired credit can be very creditworthy, especially for their own homes. Many of these lenders are available only through specialist brokers like us. A Bad Credit Remortgage can be affordable.
Having your bank refuse your remortgage application often makes people believe they have terrible credit. But more often than not, this is not the case!
We offer
- Impartial and unbiased help with no judgment on your poor credit score and past credit issues from mortgage experts
- The whole-of-market panel of lenders, including Direct Lenders
- Deals from UK and overseas lenders that most brokers don’t know exist!
- Fixed, variable, discounted and tracker rates from a direct lender
- Interest-only and repayment remortgages to improve your credit score
- Flexible proofs of income, including some state benefits, to get you the best bad credit remortgage
- Get the lowest interest rates from a specialist mortgage broker who will study your credit files.
Reducing your monthly payments:
- Getting a more flexible mortgage with holidays and over-payments to avoid late payments and a lender fee
- Finance away from an expensive mortgage lender or high-rate secured loan, even with issues in your credit record
- Your credit score has improved to enable you to qualify with a more cost-effective lender
- The fixed rate has run out, and you require the security of another fixed rate
- Your discounted term has ended, and you’re on a high lender’s standard variable rate
- Get rid of high-cost car finance where the property’s value is used as security rather than the car. The mortgage terms will likely be much better than the car credit calculator figures
Newer innovative lending products like Bad Credit Remortgages – adverse credit history
We have some fantastic rates from Crown Equity Release, More to Life Equity Release and Stonehaven.
Lifetime Mortgages with no need to check your credit
Because of the low risk to the lender, lifetime mortgages in Northern Ireland can be meagre rates.
Age-related products from Frequent Finance
Equity Release is not just for people over 55. There are options for people under 55 to release equity, too.
Bridging Finance before Bad Credit Remortgages with the best mortgage providers
Frequent Finance can arrange bridging finance with meagre fees. This includes commercial bridging finance, starting at 0.5% per month.
Maybe you want to raise money for:
- Private health treatment
- Lawyers bills
- Funding a new business
- Debt Consolidation – pay off expensive credit
- Home improvements or critical repairs
- Private school fees, so you don’t have to move house
- Capital for son or daughter’s home purchase
- Buying another property in the UK or overseas
- Car, motor-home, yacht or motorcycle
Other common reasons to get a remortgage:
- Refinance an investment property away from a buy-to-let mortgage so you can live in it yourself.
- Your husband/wife’s name is on the existing mortgage and property title, and they are facing bankruptcy or insolvency, and you need to buy them out.
- Divorce or separation – a court has told you to pay your ex-partner to spend money and remove them from the mortgage and title of the property.
- Marriage or civil partnership: your new partner wants to be included on the mortgage and the property title.
- The best bad credit refinance may be from a lender not featured on the big comparison sites
- You may want to pay back your existing 2nd charge mortgage or credit cards at the lowest mortgage rates
When you have a good income and a less-than-perfect credit score does not matter when the lender knows you can easily support repayments on your remortgage.
Can you borrow to get a 25000 personal loan without a second charge on your home?
The key characteristics of a loan 25000 are the variable base rate, the effect of secured loan arrears, the discounted property valuation, and the borrower’s not being on the electoral register.
Are you considering 2nd mortgage rates with low monthly repayments?
The main issues with rates for second mortgages are the score from the credit report, the effect of CCJs, the delays in the property valuation and insufficient personal income.
Are you considering applying for a fixed-interest rate loan regardless of your credit score?
The main features of loans with fixed interest rates are subprime creditworthiness, the impact of loan arrears, delays in the lender’s valuation, and insufficient personal income.
Are you searching for a homeowner loan with no phone calls and a poor credit report?
The main features of a homeowner loan with no phone call are early repayment charges, previous failure to keep up repayments, a discounted property valuation, and evidence of a fraudulent application.
Are you considering a secure homeowner loan with no arrangement fees?
The key features of a bad-credit homeowner loan in the UK are poor creditworthiness, the effect of default notices, the home valuer’s forced sale price, and evidence of too many credit applications.
Are you looking for secured loans for bad credit UK for home improvements?
The main issues with best-secured loans for bad credit are the servicing of existing revolving credit, the impact of CCJs, the home valuer’s forced sale price and the borrower not being on the electoral register.
As of June 2019, popular finance products include Step Change Equity Release, Natwest Equity Release, Norwich Union Equity Release Schemes and Nationwide Equity Release.
Some great products:
- Prudential Lifetime Mortgage Reviews
- Nationwide Retirement Mortgage Calculator
- Norwich Union Lifetime Mortgage Under 55
- Interest Only Mortgages For Over 60S
- Barclays Bank
- Halifax Mortgage For Over 70S
- Bank Equity Release Advice
- Key Retirement Solutions Equity Release From Property
- Nationwide Lifetime Mortgage Rates 2026
- Interest Only Lifetime Mortgages 2026
- Sunlife Equity Release From Property
- Lifetime Mortgage Over 55
- Remortgage With Bad Credit
- Stonehaven Equity Release Mortgage
- Age Partnership Equity Release Reviews
- Age Concern Equity Release Calculator 2026
- Lowest 5-Year Mortgage Rate
- Secured Loans Direct Lender
- Lv Equity Release Brokers Uk
- Secured Loans For Bad Credit Direct Lenders
- Liverpool Victoria Lve Lv Lifetime Mortgage On Second Property
- More to Life Equity Release
- Just Retirement Equity Release Schemes
- Key Solutions Lifetime Mortgage Loan
- Liverpool Victoria LV Lifetime Mortgage Home Reversion Plan
- Natwest Lifetime Mortgage Rates 2026
Legal and General and Prudential Equity Release
Legal and General offers include Equity Release and Lifetime Mortgages. Prudential offers Equity Release Schemes, and Hfx have a great Equity Release Plan. Another suitable equity release lender is HSBC, which offers flexible terms and very low rates.
Yorkshire Bank Equity Release Scheme
YB-Yorkshire Bank Lifetime Mortgage
Legal & General Lifetime Mortgage
Nationwide Mortgages For Over 70s
A remortgage with bad credit can help you clear other types of high-cost credit you may find in your credit file. Poor-credit remortgage lenders could offer you a good mortgage deal without a broker fee, at a rate lower than your existing variable-rate mortgage.
With some lenders, your credit report and rating will affect your ability to remortgage with bad credit. Your poor credit history will likely exclude you from high-street lenders, making support from mortgage brokers necessary. Adverse-credit remortgage rates will likely be about 1% higher than those of prime lenders.
They will look at the number of ccjs you have, and some mortgage lenders may exclude you, but specialist lenders with the best remortgage deals for a low credit score will look at the loan-to-value ltv and the value of your home and any current mortgage arrears you have.
You must think carefully before taking out a mortgage on your home. Ensure your bad credit remortgage application is truthful and accurate, or your home may be repossessed—the lender can do a credit check on you anytime.
Mortgage experts will tell you that a bad-credit mortgage will have a higher interest rate than a standard mortgage.
The value of your home and existing mortgage balance will help the lender assess the risk level. A person with a debt management plan on their credit report will need good mortgage advice from expert brokers, taking their credit rating into account. A mortgage company and remortgage applications can be made.
What are the best bad credit remortgage rates from the best bad credit remortgage lenders?
A mortgage broker will contact all the credit reference agencies, review your credit card balances and other credit commitments, such as payday loans, and help you prepare a mortgage application; this is key to getting the best deal. It’s unlikely to be with a high-street bank. Credit experts will look at the debt-to-income ratio. It’s crucial that you can afford the repayments and avoid debt management plans.
The remortgage process should provide a mortgage offer within 2-3 weeks, based on your household and disposable income. Lenders don’t like payment defaults and balances needed to your credit limit; this may get you declined by a lender you want to remortgage with.
We could help you find a mortgage lender specialising in helping people with poor credit, even if you’ve struggled with your finances.
Can I Remortgage with Bankruptcy? Bankruptcy is one of the most serious bad credit issues for lenders.
The accuracy of your mortgage applications is a key way to address past credit issues. Your mortgage advisor will help you meet the lending criteria of bad-credit lenders. The mortgage deals will depend on your affordability assessment and track record with late or missed payments on existing debts.
The mortgage rate will depend on your credit records.
It’s a good idea to monitor your credit file and the number of CCJs you have by having accounts with each of the credit reference agencies.
Can you afford the repayments for the full duration of the mortgage? If you miss a payment, you may be charged additional fees and interest, which can affect your credit score.
Your home may be repossessed if you do not keep up with your mortgage repayments.
It’s still achievable to remortgage with bad credit, but it will be more difficult.
Most lenders will add your credit scores together, and you’ll need to meet their minimum score to be considered.
It’s still possible to remortgage with bad credit, but it will be more difficult. It can take six years to fully restore your clean credit.
Some lenders require three years of accounts for the self-employed, whereas others may accept funds for just one year.
There is no point in lying to find a mortgage expert, as consulting a credit reference agency will reveal your debt repayments and any outstanding debts against your home, which may have resulted from a previously poor credit event, making it more challenging to obtain a mortgage. Your county court judgements will appear in your credit profile, and you will likely be excluded from mainstream lenders.
Bad credit remortgages for home improvements
Getting a secured loan for a specialist loft conversion can be a great way to leverage your savings and buy a bigger home.
If you have an adverse credit history, you may be offered high interest rates to offset some of the lender’s risks. Even with financial difficulties and poor financial status, it can be possible to remortgage to save money and get a better deal. An appointed representative can find you the right lender, so getting a mortgage may be possible.
It may be wise to get in touch to see how much equity you can access, ensuring you can afford every lender’s offer. This is good news for people in England and Wales.
Santander Later Life Mortgage Products For 2026
There are two new products: one with optional monthly payments, the Santander Interest-Only Lifetime Mortgages, and the other with no monthly payments, the Santander Equity Release.
Can I remortgage with a bad credit rating?
Yes, you can, subject to valuation and proof of income.
Can I remortgage with debt?
Yes, but if you have debt, you must service it, which will affect your affordability.
Can you be refused a remortgage?
Yes, you can, but an experienced broker should already pre-qualify you so you know you have a good chance of being approved.
Will bad credit affect my mortgage renewal?
Maybe, but you need proper advice so you don’t apply for a product you will likely be refused.
Can I remortgage with bad credit?
Yes, you can. A poor credit history will likely have little impact; however, lenders will be very fussy about your affordability and your home’s valuation.
Can you get a mortgage with bad credit?
Yes, you can likely use the bad-credit mortgage calculator, subject to your income, to determine how much you can borrow.
How Can I Get the Best Rates on a Bad Credit Remortgage?
There are lots of people in the UK who say, “I have equity but bad credit.” The best way to get the best bad credit remortgages is to go to a broker.
How to Get a Remortgage With Bad Credit Mortgage Arrears?
There is a way to refinance your home when you have arrears. It involves obtaining a bridging loan for a few months, then determining which bad-credit remortgages you qualify for. The bridging loan will provide you with 3 months of no arrears.